Common use of Base Monthly Rental Clause in Contracts

Base Monthly Rental. The Base Annual Rental shall be payable in monthly installments equal to the Base Monthly Rental, in advance, without any set-offs or deductions (except as expressly permitted under this Lease), on the first day of each month (the “Rent Day”) during the Term of this Lease at the mailing address shown in Paragraph I of the Summary, or at such other place as Landlord from time to time may designate in writing. In the event the Commencement Date is other than the first day of the calendar month, the Base Monthly Rental for the first and last partial months shall be prorated based on the actual number of days of such months included within the Lease Term and based upon the amount of the Base Monthly Rental.

Appears in 2 contracts

Samples: Lease Agreement (Aastrom Biosciences Inc), Lease Agreement (Aastrom Biosciences Inc)

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Base Monthly Rental. The Base Annual Rental shall be payable in monthly ------------------- installments equal to the Base Monthly Rental, in advance, without any set-offs or deductions (except as expressly permitted under this Leasespecifically provided in Section 9 or 11), on the first day of each month (the "Rent Day") during the Term of this Lease at the mailing address shown in Paragraph I of the Summary, or at such other place as Landlord from time to time may designate in writing. In the event the Commencement Date is other than the first day of the a calendar month, the Base Monthly Rental rental for the first and last partial months shall be prorated based on the actual number of days of such months included within the Lease Term and based upon the amount of the Base Monthly Rental.

Appears in 1 contract

Samples: Lease Agreement (Aastrom Biosciences Inc)

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